Recently, the Ministry of Industry and Information Technology announced the operation of the Internet and related services in 2022. In general, China's Internet and related service enterprises above designated size (hereinafter referred to as "Internet enterprises") completed 1,459 billion Chinese yuan of Internet business income in 2022. The total profit achieved was 141.5 billion Chinese yuan, and the total profit kept growing, with a year-on-year increase of 3.3%, and the growth rate of operating costs dropped by 12.8 percentage points compared with the previous year. The scale of research and development funds was accelerated. China’s Internet enterprises above designated size invested a total of 77.18 billion Chinese yuan in research and development funds, an increase of 7.7% year on year and an increase of 2.7 percentage points over the previous year.

The income of enterprises in the field of information services has increased steadily. In 2022, the Internet business income of enterprises mainly engaged in information services (including news and information, search, social networking, games, music and video, etc.) increased by 4.9% year-on-year. While, the revenue of enterprises in the field of online sales grew rapidly. In 2022, the Internet business income of enterprises mainly providing online sales services (including bulk commodities, agricultural and sideline products, comprehensive e-commerce, medical supplies, express delivery, etc.) increased by 12.6% year-on-year.

From a regional perspective, the growth of Internet business income in the eastern region is under pressure, while the growth trend in the northeast region is obvious. In 2022, the eastern region completed 1324.4 billion Chinese yuan of Internet business income, accounting for 90.8% of the national Internet business income. The central region completed 57.08 billion Chinese yuan of Internet business revenue, up 1.1% year on year. The western region completed 72.11 billion Chinese yuan of Internet business revenue. The income from Internet business in Northeast China reached 5.36 billion Chinese yuan, up 5.5% year on year.

In 2022, Beijing (up 6.6%), Shanghai (up 8.0%), Guangdong, Zhejiang and Tianjin, which ranked the top five in terms of cumulative Internet business income, completed 1249.3 billion Chinese yuan of business income, accounting for 85.6% of the country’s total. There are 13 provinces (regions and cities) with positive growth in the growth rate of Internet business income nationwide, including Jiangxi province, Hubei province, Xizang Autonomous Region, Liaoning province and Hebei province, with a growth rate of more than 40%.